(My Original Blog Post: http://ping.fm/CfHP5)
Tenant screening is one of the most important and often neglected aspects of being a successful landlord. Using appropriate screening techniques and systems will not only help reduce the risk of accepting a potential tenant, but also help minimize the cost factors of removing unwanted tenants.
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Agreed. In fact, it’s amazing how many landlords forego the credit/background check before renting out their properties. I actually work for TransUnion and have seen first-hand how landlords can limit risk exposure. In the past year, over 20,000 new property management companies have signed up to start using TransUnion’s SmartMove online screening tool (www.mysmartmove.com) to protect themselves and reduce bad debt losses. Check it out!
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